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Business and Finance

Friday, June 24, 2011

Health IT Business News Roundup for the Week of June 24, 2011

M&A, Financial Reports and Funding

CSC, a technology-enabled business software provider, will acquire iSOFT Group Limited, an Australian health IT company, for an undisclosed amount...McKesson, a pharmaceutical wholesaler and health IT developer, will purchase health plan network management company Portico Systems for $90 million in cash...HealthPort, a developer of software to support the exchange of protected health information, is merging with Universata, a health information management company.

Contracts

The Ministry of Health Holdings in Singapore has launched a nationwide EHR system using Accenture technology...Benefis Health System in Montana has selected practice management, ambulatory EHR and health information exchange tools from NextGen Healthcare Information Systems...Children's National Medical Center in Washington, D.C., has selected a pediatric obesity registry system from RemedyMD...the University of Kansas Hospital has implemented a computerized provider order entry system from Zynx Health...North Idaho Health Network will roll out MobileMD's health information exchange and data repository services.

The University of Iowa has selected a clinical decision support system from GenomeQuest for its molecular otolaryngology and renal research labs...Kidney Associates in Texas, Jay Medical Center in Florida, MedXsys in Alabama, Mineral Point Medical Center in Wisconsin, Pediatric Associates of Alexander in Alabama, Starkville Clinic for Women, PA in Mississippi, Sun Coast Pediatrics in Florida, University Surgical Associates in Tennessee and Winthrop Hospital in New York have selected EHR and practice management tools from Sage Healthcare.

Product Development and Marketing

Elsevier -- a provider of scientific, technical and medical information products and services -- is marketing and distributing a process improvement training tool for health care professionals from The Quality Group; QuadraMed, a health care information management software developer, is combining its training tools with Elsevier educational courses to enhance ICD-10 transition tools.

Watermark Medical -- a health IT company focused on chronic disease -- and the American Academy of Sleep Medicine are expanding a cloud-based platform for diagnosing obstructive sleep apnea...OptumInsight, a health IT services company, and InstaMed, a health care payment network, are collaborating to offer a new payment feature for OptumInsight's practice management system...Verizon will manage digital credentials for SAFE-BioPharma Association and support the SAFE-BioPharma standard in credentials used by health care professionals to access health data.

Personnel

Tom MacDougall -- former vice president of product technology at Ingenix, a global health IT company -- has been named chief technology officer of Curaspan Health Group, an electronic patient-transition network developer...Guillermo Moreno -- former president of the South Florida chapter of the Healthcare Information and Management Systems Society -- has been named vice president of the health care practice at Experis, a professional resourcing and project-based service provider...Barry Chaiken -- chief medical officer at consultancy firm DocsNetwork and fellow of HIMSS -- has been named senior fellow and health IT chair at the Institute for Health Technology Transformation.

Craig Potts -- former senior vice president of sales at Fiserv, a provider of technology services for the financial sector -- has been named executive vice president of sales at Navicure, a provider of automated, Web-based revenue cycle management tools for physician practices...the West Wireless Health Institute, a research organization focused on wireless health care technologies, has named Robert Matthews -- former CTO for research and development firm Archinoetics -- as CTO and Michael Caponetto -- former CTO for Business Records Management, an IT management services company -- as CFO.



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